Lago Dourado Closes on Sale of its Brazilian Projects

Lago Dourado Minerals Ltd. (TSX VENTURE:LDM) (the "Company" or "Lago Dourado")
has closed the previously announced sale of its Juruena and Novo Astro Projects
to Crusader Resources Ltd. (ASX:CAS) ("Crusader"). Consideration for the sale is
C$650,000 cash and up to 2,000,000 ordinary shares of Crusader ("Crusader
Shares") as outlined in further detail below. The sale was approved by an
overwhelming majority by Lago Dourado shareholders at the Company's Special
Meeting of Shareholders held on June 25, 2014. Moving forward Lago Dourado will
be focused on acquiring or joint venturing new projects in the mining space at a
time when a significant number of opportunities are presenting themselves due to
the recent downturn in the industry.


As per the sale agreement, share consideration of up to 2,000,000 Crusader
Shares are issuable as follows and are subject to a voluntary escrow of 12
months from completion:




--  500,000 Crusader Shares upon completion of the Transaction; and 
    
--  750,000 Crusader Shares upon definition of a JORC compliant gold
    resource of at least 400,000 ounces greater than 10g/t Au in the
    Indicated category within 5 years of completion; and 
    
--  750,000 Crusader Shares upon gold production at an annual rate of at
    least 20,000 ounces of gold over a 90 day period within 5 years of
    completion.



About the Company:

Lago Dourado Minerals Ltd. is a Canadian based exploration company focused on
the acquisition and advancement of mineral exploration projects. 


For further information about the company, please visit www.lagodourado.com or
www.sedar.com


Forward-Looking Statements

This news release contains certain forward-looking statements and
forward-looking information (collectively referred to herein as "forward-looking
statements") within the meaning of Canadian securities laws. All statements
other than statements of historical fact are forward-looking statements. Undue
reliance should not be placed on forward-looking statements, which are
inherently uncertain, are based on estimates and assumptions, and are subject to
known and unknown risks and uncertainties (both general and specific) that
contribute to the possibility that the future events or circumstances
contemplated by the forward-looking statements will not occur, including the
closing of the Transaction. Although Lago Dourado believes that the expectations
reflected in the forward looking statements contained in this press release, and
the assumptions on which such forward-looking statements are made, are
reasonable, there can be no assurance that such expectations will prove to be
correct. Readers are cautioned not to place undue reliance on forward-looking
statements included in this document, as there can be no assurance that the
plans, intentions or expectations upon which the forward-looking statements are
based will occur. By their nature, forward-looking statements involve numerous
assumptions, known and unknown risks and uncertainties that contribute to the
possibility that the predictions, forecasts, projections and other
forward-looking statements will not occur, which may cause Lago Dourado's actual
performance and results in future periods to differ materially from any
estimates or projections of future performance or results expressed or implied
by such forward-looking statements. The forward-looking statements contained in
this news release are made as of the date hereof and Lago Dourado does not
undertake any obligation to update publicly or to revise any of the included
forward-looking statements, except as required by applicable law. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Forbes Gemmell
President and Chief Executive Officer
Tel: (416) 368-5005
Email: investor@lagodourado.com

Lago Dourado Minerals Ltd. (TSXV:LDM)
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